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Hungary’s central bank is in the process of setting up an asset management agency to handle non-performing commercial real-estate loans to help banks clean up their corporate loan portfolio and boost lending, the central bank said on Wednesday.

The asset manager MARK Zrt., to be fully-owned by the central bank, will purchase bad real-estate loans and related commercial properties.

The asset manager differs from the so-called “bad banks” — its aim isn’t to support banks but to carry out real-estate purchases on a market basis, acting as a catalyst in a market that’s currently in a standstill, the central bank said.